125 N Kingston Ave, Atlantic City, NJ 08401

$569,000
2,706
SqFt

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List Price
$569,000
MLS#
612025
Status
ACTIVE
Year Built
1920
Living Sq. Ft
2,706
Region
Atlantic City
City
Atlantic City

Property Description

RARE BAY-VIEW DUPLEX OPPORTUNITY! Whether you're looking for an income-producing investment, a home with built-in rental income, or a flexible multi-generational property, this well-maintained brick duplex offers incredible versatility in a beautiful Atlantic City bay setting. Featuring two spacious residences—a 3-bedroom, 1.5-bath upper unit and a 2-bedroom, 1.5-bath lower unit—the property offers approximately 2,700 square feet of living space, beautiful bay views and unforgettable sunsets. Both units have been well maintained and improved over the years, featuring updated flooring and baths, their own washer and dryer, separate tankless water heaters, and separate gas and electric utilities. The property also features a newer roof and improvements to the electrical and plumbing. The lower unit offers a spacious primary bedroom and a large bay-facing deck, while the upper unit is currently occupied by reliable tenants, providing immediate rental income. Investors can benefit from existing income with additional market-rent potential, while owner-occupants have the opportunity to live in one unit and collect rent from the other to help offset ownership costs. The property's two-unit setup also lends itself beautifully to extended or multi-generational living. SELLER FINANCING AVAILABLE WITH 20% DOWN, subject to seller approval and mutually agreeable terms—offering qualified buyers an attractive alternative to traditional financing. Seller financing is actively marketed on other Atlantic City investment properties as well, making it a recognizable selling feature in the local market. Conveniently located near the beach, Richmond Avenue School, shopping, dining and transportation, this is an opportunity to own a versatile Atlantic City property combining income, lifestyle and long-term potential. Live in it. Rent it. Invest in it. The possibilities are yours.

Additional Information

Lot Dimensions
80' x 18'
Appliances
Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
Cooling
Ceiling Fan(s), Electric, Wall Units
Heating
Baseboard, Hot Water, Radiant
Exterior Features
Bay View, Deck, Recreation Area
Parking Description
One Car
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Jersey Shore - Ocean City.

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